United Kingdom Two Wheeler Market, By Vehicle Type (Motorcycle, Scooter/Moped), By Propulsion Type (ICE Vs Electric), By Region, Competition Forecast & Opportunities, 2017-2027

Report
73 Pages
July 2022
Region: United Kingdom
TechSci Research
ID: 5624454

United Kingdom Two-Wheeler Market is projected to grow at a steady CAGR during 2023-2027 owing to increasing affordability and continued rise in the traffic congestions

United Kingdom Two-Wheeler Market is projected to grow at a steady CAGR during 2023-2027 owing to increasing affordability and continued rise in the traffic congestions. Increasing R&D efforts by several two-wheeler manufacturers to produce premium high capacity bikes is anticipated to further boost the motorcycle market across the country in the coming years. Based on engine capacity, the market has been catgorised into up to 125cc, 125-250cc, 251-500cc and above 500cc. The dominance of two-wheelers with engine capacity up to 125cc is by the virtue of its fuel efficiency and cost efficiency as compared to two-wheelers having higher engine capacity. Moreover, the leisure market of the country is strong too, with sales of motorcycles popular for adventure riding also propelling the growth of the two wheeler market in the United Kingdom. Furthermore, the number of registered motorcycles is anticipated to increase over the next five years as well which drives the two wheeler market in United Kingdom.

Some of the leading players in the United Kingdom Two Wheeler Market are Yamaha, BMW, Honda, Triumph, Harley Davidson, Lexmoto, Suzuki, Keeway, Hyosung, Piaggio etc.

Years considered for this report:

Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022E
Forecast Period: 2023F-2027F

Objective of the Study:

To analyze the historical growth in the market size of the United Kingdom two wheeler market from 2017 to 2021..
To classify and forecast United Kingdom two wheeler market from 2022 to2027 and growth rate until 2027.
To identify drivers and challenges for United Kingdom two wheeler market.
To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in United Kingdom two wheeler market.
To conduct the pricing analysis for United Kingdom two wheeler market.
To identify and analyse the profile of leading players involved in the manufacturing of United Kingdom two wheeler market.

To perform the study, the publisher conducted primary as well as exhaustive secondary research. Initially, the publisher prepared an exhaustive list of Two Wheeler manufacturers and dealers operating in United Kingdom. Subsequently, the publisher conducted primary research surveys, which include primary calls, email responses, etc., with the identified companies. While interviewing, the respondents were also asked about their major competitors. The publisher analysed product offerings, distribution channels and regional presence of all major two wheeler companies across United Kingdom.

The publisher calculated the market size for United Kingdom two wheeler market using a bottom-up technique, wherein sales volume data of different engine capacities was recorded as well as forecast for the future years. The publisher sourced these values from industry experts and company representatives, and externally validated through analysing historical sales data of respective manufacturers to arrive at the overall market size.

Key Target Audience:

Two Wheeler Manufacturers
Market research and consulting firms
Government bodies such as regulating authorities and policy makers
Organizations, forums, and alliances related to two wheeler market

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, United Kingdom two wheeler market has been segmented into following categories, in addition to the industry trends which have also been detailed below: